Check out this article, Mortgage rates at low for year; 30-year averages 4.12%, from the LA Times website. We’re back at the lowest levels of the year…for now at least!
The mortgage market has been all over the place this year bouncing back and forth in pricing. One day we’re down 80 basis points, the next we’re right back where we were. The average person doesn’t know what to expect from day to day. That’s why I subscribe to a couple of different services that stream real time numbers of the Mortgage Backed Securities Market so that I can help my clients to plan a rate locking strategy. Here’s the link again to the LA times Article http://www.latimes.com/business/money/la-fi-re-freddie-mac-mortgage-rates-20140814-story.html
For a free mortgage review, rate quote, or property value analysis contact Chris Reese at 916-502-1656 or submit an inquiry at my mortgage website http://www.sacramentohomeloanspecialist.com/forms/askAnExpert.html
30 Year Mortgage Rates at 2014 Low"s
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